Impact of the Spread of COVID-19 on Economic Activity and Private-Sector Construction
First written in FY2020. 8 of 15 entries say "Worsened", first in FY2021-Q3. Latest entry: FY2025.
Sata Construction moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
56 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual report
「The economy remained on a gradual recovery trend as economic activity normalized, the employment and income environment improved, and strong inbound demand increased further.」
The current year's description of the operating environment and risks does not explicitly mention a direct impact of COVID-19 on economic activity, and instead describes the normalization of economic activity. - FY2024-Q3SoftenedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, social and economic activity remained on a gradual recovery trend as the transition to the post-COVID period progressed.」
Regarding the impact of COVID-19 on economic activity, the company described the transition to the post-COVID period and the recovery trend in social and economic activity, softening the previous descriptions of renewed infections and rapid deterioration. However, uncertainty due to geopolitical risks and the weaker yen and higher resource prices continued. - FY2024-Q1SoftenedAnnual report
「During the first quarter of the current consolidated fiscal year, the Japanese economy saw a gradual recovery in social and economic activity as COVID-19 was reclassified as a Class 5 infectious disease.」
The company described the transition of COVID-19 to Class 5 status and the recovery in social and economic activity, softening the language concerning the impact of the pandemic on economic activity compared with the previous period. Meanwhile, uncertainty about the outlook continued. - FY2023SoftenedAnnual report
「Restrictions related to COVID-19 were gradually eased, and social and economic activity showed a gradual recovery.」
Regarding the impact of the pandemic on economic activity, the company described the easing of restrictions and the recovery in social and economic activity, softening the previous descriptions of rapid deterioration and renewed expansion. However, uncertainty about the outlook continued alongside other external factors. - FY2023-Q3WorsenedAnnual report
「Looking ahead, the path toward the end of the COVID-19 pandemic remains unclear. Together with geopolitical risks including a prolonged situation in Ukraine, higher resource prices, rapid yen depreciation and rising long-term interest rates are increasing uncertainty about the outlook.」
The company stated that there was no clear prospect for the COVID-19 pandemic to end and that uncertainty about the outlook had increased amid geopolitical risks, rising resource prices, the sharp depreciation of the yen and higher long-term interest rates. - FY2023-Q2WorsenedAnnual report
「Looking ahead, although the seventh wave of COVID-19 infections appears to have begun subsiding after peaking in August, concerns remain about the risk of an eighth wave from autumn onward and the possibility of a simultaneous influenza outbreak. Together with worsening conditions in Ukraine and other geopolitical risks, higher resource prices and rapid yen depreciation are increasing uncertainty about the outlook.」
While the seventh wave was subsiding, the company identified the risk of an eighth wave, a simultaneous outbreak with influenza, geopolitical risks, rising resource prices and the sharp depreciation of the yen as new or ongoing concerns, stating that uncertainty about the outlook had increased. - FY2023-Q1WorsenedAnnual report
「Regarding the outlook, uncertainty is increasing due to the arrival of the seventh wave of COVID-19 and geopolitical risks such as the deterioration of the situation in Ukraine, together with rising resource prices and a sharp depreciation of the yen.」
The company cites the seventh wave of COVID-19, the deterioration of the situation in Ukraine, rising resource prices and the sharp depreciation of the yen, stating that uncertainty surrounding external risks to infectious diseases and economic activity has increased. - FY2022WorsenedAnnual report
「Regarding the outlook, the spread of COVID-19 is expected to gradually subside as vaccination progresses and therapeutic drugs are developed, but the rapid spread of the Omicron variant has left uncertainty about the outlook unresolved.」
The company expects the situation to subside as vaccination progresses and therapeutic drugs are developed, while uncertainty associated with infectious disease risks continues due to the rapid spread of the Omicron variant. - FY2022-Q3WorsenedAnnual report
「Regarding the outlook, the spread of COVID-19 is expected to gradually subside as vaccination progresses and therapeutic drugs are developed, but the rapid spread of the Omicron variant has left uncertainty about the outlook unresolved.」
The company expects the situation to subside as vaccination progresses and therapeutic drugs are developed, while stating that uncertainty will persist due to the rapid spread of the Omicron variant. - FY2022-Q1WorsenedAnnual report
「Regarding the outlook, the spread of COVID-19 is expected to gradually subside as vaccination progresses, but concerns remain about a renewed spread caused by variants, and uncertainty about the outlook is increasing.」
The company expects the situation to subside as vaccination progresses, while noting the renewed spread caused by variants and the resulting increase in uncertainty about the outlook. - FY2021WorsenedAnnual report
「Regarding the outlook, the global spread of COVID-19 is having a significant impact on domestic and overseas economic activity, increasing uncertainty about the outlook.」
The company states that the global spread of COVID-19 affected domestic and overseas economic activity and increased uncertainty about the outlook. - FY2021-Q3WorsenedAnnual report
「Regarding the outlook, the resurgence of COVID-19, viewed as a third wave, is having a significant impact on domestic and overseas economic activity, increasing uncertainty about the outlook.」
The company states that the resurgence of COVID-19, viewed as a third wave, significantly affected domestic and overseas economic activity and increased uncertainty about the outlook. - FY2021-Q2RestatedAnnual report
「With respect to the impact of COVID-19 on the business, we will continue to closely monitor developments.」
The company states that it will continue to closely monitor the impact of COVID-19 on its business. - FY2021-Q1MaterialisedAnnual report
「During the first three months of the consolidated fiscal year, the Japanese economy deteriorated rapidly in both domestic and external demand due to the spread of COVID-19. Following the full lifting of the state of emergency on 25 May, a gradual return to life before the spread of COVID-19 was expected, but concerns about a resurgence of infections and economic uncertainty remained significant, and the outlook continued to be uncertain.」
The company describes a rapid deterioration in domestic and external demand due to the spread of COVID-19, indicating that the risk of an impact on economic activity identified in the previous fiscal year has materialized in the actual economic environment. - FY2020First statedAnnual report
「If the spread of COVID-19 occurs on a scale exceeding the company's expectations and makes business operations difficult, it could materially affect the Group's financial position, operating results and other matters.」
The company identifies the spread of COVID-19, for the first time as a separate risk, as potentially affecting business operations, its financial position and operating results.